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Dates: during 2000-2009
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...these accounts amount to much? Munnell found a number of reasons. Some people don't contribute as much as they should - essentially ignoring free money from company matches and tax relief. And, as the original engineers of the 401(k) suspected, the less you earn, the less you are likely or able to contribute. For most employees, the maximum contribution to a 401(k) is $16,000 annually. She found that just 5% of people earning $80,000 to $100,000 maxed out, compared with 30% of those making $100,000 or more...
...Additionally, to get the hypothetical higher returns over time and avoid investing disasters, you have to hold a diversified portfolio of stocks and bonds. Many of us don't. Munnell found that 14% of workers held no stocks at all, leading to weaker-than-average returns. On the opposite end, more than a quarter of all 401(k)s were 100% stocks, exposing those accounts to big losses when the market dropped...
...provocative 2006 film, The Caiman, Italian director Nanni Moretti imagines an explosive climax to the political life and times of Silvio Berlusconi. The film ends as the billionaire leader - devilishly portrayed by Moretti - is found guilty on corruption charges and makes a menacing declaration from the courthouse steps: "With my conviction, our democracy has been transformed into a regime, and all free men have the right to react against it in any way they see fit." As the fictional Prime Minister pulls away in his limousine, a mob sets the courthouse ablaze...
...Guyana. (The U.S. has uranium reserves of about 340,000 tons.) It may be high grade, says James Otton, a uranium-resources specialist at the federal U.S. Geological Survey, a reference not to its quality but to the "tremendous quantities of uranium in a given volume of rock" found in places similar to Roraima, a virtual Lost World of Precambrian geology...
...from its Latin trade partners - especially Brazil, which is campaigning for a permanent seat on the U.N. Security Council - if it were to ever toy with nuclear weaponry. As it is, Chávez can look forward to stepped-up global pressure if Iran, like North Korea, is eventually found to be pursuing a nuclear bomb, especially if international economic sanctions are imposed on Tehran. If that happens, Chávez has indicated he'll ignore the measures and keep supplying the 20,000 barrels per day of gasoline to Iran, which has to import almost half its gasoline because...